Published By Datamonitor

Published By Datamonitor

US electricals retailer Best Buy has bought a 50% stake in Carphone Warehouse's retail business. While Verdict Research believes that there is an opportunity for Best Buy to succeed, success is by no means assured in what is an extremely competitive marketplace.

Published By Datamonitor

US electricals retailer Best Buy has purchased Napster for GBP67.5 million as part of a strategy to expand its online presence and reach new customers. By enhancing its digital music offer, Best Buy can exploit the synergies with partner Carphone Warehouse to take advantage of the growth potential of the mobile music download market, while mounting a serious challenge to the supremacy of iTunes.